A solution from Tractable accelerates any process in which inspecting a vehicle’s condition is required, from purchasing or selling, returning a rental or lease, to recycling parts at end-of-life.
A simple camera system enables auction operations and dealers to market and sell vehicles at any point after a quick 360-round photo session.
Auctions, consignors, and transporters can use a new, connected mobile application that helps tighten the chain of custody, ease communication, and create transparency.
Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.
Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.
Fleet managers should consider seven areas of a vehicle, when maximizing resale value. Condition reports generated by third-party inspectors can help spell out a vehicle's true condition.
If an employee threw trash all over the office floor, scratched the paint off the walls, broke the light bulbs, left holes and dents in the walls, and skipped routine maintenance on the copier until it overheated and broke, no manager would tolerate this abuse. Yet, that is exactly what some fleet managers do tolerate when drivers abuse their company-provided vehicles.
A used company vehicle in poor condition, because of driver abuse or neglect will result in lost resale value. Fleets that have clearly articulated policies about vehicle upkeep and misuse receive a better quality product to remarket.
It is an axiom that selling fleet vehicles to employees is a critical part of managing depreciation. Fleet managers use a number of methods to determine price, but should they be willing to negotiate?
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